Kisan Suvidha Top up loan

Processing Fee

New Tractor & Implement - Up to 1% of the loan amount or Rs. 30,000 whichever is lower + applicable taxes
Kisan Suvidha - Up to 2% of the additional loan amount or Rs. 10,000 whichever is lower + applicable taxes
Used/Preowned Tractor & Refinance - Up to 2% of the loan amount or Rs. 10,000 whichever is lower + applicable taxes
Trade advance – Up to 2% of sanction amount + applicable taxes

Prepayment/ Foreclosure Charges

Up to 2% of principal outstanding + applicable taxes

Asset valuation and verification Fee

Up to Rs.1,200/- + applicable taxes

Penal Charge/Late Payment Charge (LPC):

Up to 2% per month (p.m.) on overdue EMI + applicable taxes
Trade advance – Up to 2% per month (p.m.) on overdue amount + applicable taxes

EMI Dishonour/Bounce Charge*
*A bounce charge is a charge for
(i) dishonour of any repayment instrument; or
(ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate

As shown in the table below

RC Non submission Charges:

Up to Rs.1000/- per month post 120 days + applicable taxes

Document retrieval / Duplicate NOC charges

Duplicate NOC: Up to Rs. 1000/- + applicable taxes (charge is applicable post 3 free copies)

Repayment instrument swap Fee (per swap)

Up to Rs. 500/- + applicable taxes (Applicable only for branch walk-ins)

Part-prepayment charges

Up to 2% of part prepayment amount + applicable taxes

Field collection service charges

Up to Rs.500/- per collection + applicable taxes

Legal fees and charges

As per actuals or Up to Rs. 30,000/- whichever is lower + applicable taxes

Recovery charges

As per actuals or Up to Rs. 1,00,000/- whichever is lower + applicable taxes

Auction fees

Up to 1% of auction sale amount+ applicable taxes